Quincy Center Station Air Rights Update 12/24/17
Proposed Quincy Center air rights development advances with residential unit count halved
Atlantic Development and Bozzuto Development’s proposed 6.31-acre air rights development over Quincy Center Station will advance, though proposed apartments have been cut to 300 from over 600 as originally proposed. While the Massachusetts Bay Transportation Authority (MBTA) approved Atlantic and Bozzuto’s original plan for over 600 apartments and 225,000 square feet of commercial space, the Quincy City Council subsequently approved the MBTA’s development agreement with the proponents providing the apartment count would be halved. Area residents had also opposed the larger proposal.
Atlantic, Bozzuto and the MBTA plan to spend the next six months developing a formal development plan to present to the City of Quincy’s permitting bodies. The first phase of the proposed air rights development is expected to open in 2023. Atlantic and Bozzuto will pay the MBTA $167 million over a 99-year lease in order to construct the development; a second air rights proposal received by the MBTA would have paid a $6.3 million lump sum and constructed 326 apartments, 13,200 square feet of retail and 14,500 square feet of office space. Atlantic and Bozzuto are also the proponents of a transit-oriented development at the North Quincy MBTA station that will break ground in the second quarter of 2018.